Eaton Vance Municipal Income Trust
EVN
80 hedge funds and large institutions have $95.4M invested in Eaton Vance Municipal Income Trust in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 17 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 22
9% more capital invested
Capital invested by funds: $87.7M → $95.4M (+$7.66M)
0.81% more ownership
Funds ownership: 18.41% → 19.21% (+0.81%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 87 → 80 (-7)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$3.12M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.59M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.47M |
| 4 |
STA
Summit Trail Advisors
New York
|
+$887K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2.42M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$901K |
| 3 |
Cohen & Steers
New York
|
-$481K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$321K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$304K |
EVN Hedge Fund Activity: Q2 2020 in Review
80 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income Trust (EVN) for Q2 2020, worth a combined $95.4M — up 8.7% from $87.7M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of EVN and 11 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 27 added.
The largest buyer was Robinson Capital Management, adding an estimated $3.12M. The largest seller was Northwestern Mutual Wealth Management, cutting an estimated $2.42M.
- 80 institutional investors held Eaton Vance Municipal Income Trust (EVN) as of Q2 2020, down from 87 in Q1 2020.
- Funds reported $95.4M of Eaton Vance Municipal Income Trust stock for Q2 2020, up 8.7% quarter-over-quarter.
- 11 funds opened new Eaton Vance Municipal Income Trust positions in Q2 2020 and 17 closed out, a net change of -6 holders.
- The largest Eaton Vance Municipal Income Trust buyer in Q2 2020 was Robinson Capital Management, an estimated $3.12M added.
- The largest Eaton Vance Municipal Income Trust seller in Q2 2020 was Northwestern Mutual Wealth Management, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2020.